What Is the Most Likely Reason That Consumers Rarely Protest

question 71

Multiple Choice

What is the most likely reason that consumers rarely protest import restrictions that raise the prices they pay for a specific product?

• A)They reason that if the import restrictions are removed, the foreign producers will raise their prices to those of the domestic producers anyway.
• B)Many countries prohibit consumers to band together to influence political actions.
• C)Typically, although the added costs to consumers for a given product are high in aggregate, they are fairly trivial for most individual consumers.
• D)They reason that if they do something to hurt domestic employment for one product, the displaced workers will then do something that will hurt their own employment.

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits including money, goods, or services.

Capital Structure Decisions

Strategic choices made by a firm regarding the mix of financial securities, such as debt and equity, to optimize its funding and operational goals.

Shares Of Stock

Units of ownership in a corporation or financial asset, providing a proportion of the profit to shareholders in the form of dividends.